Theravance Biopharma Q4 2023 GAAP EPS $(0.17) Misses $(0.15) Estimate, Sales $17.57M Miss $17.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Theravance Biopharma (NASDAQ:TBPH) reported Q4 2023 earnings with a GAAP EPS of $(0.17), missing the $(0.15) estimate, and sales of $17.57M, slightly below the $17.68M estimate. Despite the miss, sales increased by 19.91% compared to the same period last year.
February 26, 2024 | 9:08 pm
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Theravance Biopharma's Q4 2023 earnings missed both EPS and sales estimates, but showed a significant year-over-year sales increase.
Missing the EPS and sales estimates could negatively impact investor sentiment in the short term, despite the year-over-year sales growth. The miss on both key financial metrics suggests potential challenges in profitability and revenue generation, which are critical factors for investors.
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